Huge investment opportunity in City Terrace! Fourplex with 1+1 units (per title), each approximately 500+/- sqft. Ideal for owner/users and investors! Situated on a 2,407 sqft corner lot and offers convenient location near CalState LA, 10 Freeway, and Metrolink transit center, just 10 minutes from downtown LA, Dodger Stadium, and top LA restaurants. This property is perfect for owner-occupants seeking to live in one unit and offset mortgage with rental income, or investors looking to maximize returns through rentals or value-add renovations, making this an attractive investment opportunity in the heart of LA. Property has existing code violations that a buyer will need to take on subject to and fix after close of escrow.
Property Details
Price:
$699,000
MLS #:
25481241
Status:
Pending
Baths:
0
Address:
4032 City Terrace Drive
Type:
Residential Income
Neighborhood:
elaeastlosangeles
City:
Los Angeles
Listed Date:
Jan 12, 2025
State:
CA
ZIP:
90063
Lot Size:
2,407 sqft / 0.06 acres (approx)
Year Built:
1939
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Laminate
Exterior
Parking Features
Uncovered, Gated, Parking Space
Parking Spots
2.00
Pool Features
None
Security Features
Gated Community, Window Bars
Spa Features
None
Stories Total
2
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City Lights
Financial
Map
Community
- Address4032 City Terrace Drive Los Angeles CA
- AreaELA – East Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
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Courtesy of Keller Williams Studio City. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.4032 City Terrace Drive
Los Angeles, CA
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